Why does a 'Pre-Trade Control' pop-up appear when I try to place an order?
When placing F&O orders on our trading platforms, a pop-up is generated when the entered limit order price differs more than a certain percentage from the Last Traded Price (LTP).
- It is applicable to limit and stop loss-limit orders for F&O orders
- The pop-up is generated based on the order type (buy/sell) and your order is placed only if the pop-up is accepted.
- The BUY order price is greater than or equal to a defined % or amount of the LTP.
- The SELL order price is less than or equal to a defined % or amount of the LTP.
The percentage variation that triggers a pop-up differs segment-wise:
Equity F&O | Variation of Limit Price from LTP |
---|---|
Index Futures | 3% |
Stock Futures | 5% |
Equity Derivative Options (LTP less than or equal to Rs.50) | Rs. 20 |
Equity Derivative Options (LTP above Rs.50) | 40% |
Commodity F&O | Variation of Limit Price from LTP |
---|---|
Commodity Futures | 1% |
Commodity Derivative Options (LTP less than or equal to Rs.50) | Rs. 20 |
Commodity Derivative Options (LTP above Rs.50) | 40% |
Currency F&O | Variation of Limit Price from LTP |
---|---|
Currency Futures | 1% |
Currency Derivative Options (LTP less than or equal to Rs.50) | Rs. 20 |
Currency Derivative Options (LTP above Rs.50) | 40% |
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